Christoffersen, Peter; Chung, Hyunchul; Errunza, Vihang - Centre Interuniversitaire de Recherche en Analyse des … - 2003
We attempt to answer the following questions: What are the revaluation effects and the impact on performance, volatility, and return correlation from stock market liberalization in emerging markets? These questions have been studied extensively at the market-level but not at the firm level. Our...